Rating Index

Pros

Ayondo offers a user-friendly social trading platform that allows beginners to copy the trades of experienced traders.

The broker provides negative balance protection, ensuring that clients do not lose more than their initial investment.

Ayondo has a low minimum deposit requirement, making it accessible for new traders to start their trading journey.

Cons

There is a limited selection of high-performing signal providers available for users to follow.

Ayondo does not offer guaranteed stop-loss orders, which may expose traders to higher risks during volatile market conditions.

The platform lacks live chat support, which can hinder timely assistance for users in need of immediate help.

ayondo broker Accounts

Ayondo Account Types

Ayondo offers a standard account type and a risk-free demo account option for traders. The minimum deposit required to open a professional live trading account is $100 USD. Ayondo provides competitive trading conditions, including low spreads starting from 0 pips and access to various financial instruments such as forex, CFDs, and indices. However, it does not offer an Islamic account for Muslim traders.

Ayondo Broker Account Opening Process

To open an account with Ayondo, follow these steps:

Visit the Ayondo Website: Go to the official Ayondo website.
Select Register: Click on the "Register" button located at the top right corner of the homepage.
Complete Registration: Fill in the required personal information, including your email address and other details.
Email Verification: After registration, check your email for a verification link. Click on it to verify your account.
KYC Verification: Submit the necessary KYC documents, such as a government-issued ID and proof of address. This process may take 1 to 2 business days.
Start Trading: Once your account is verified, you can log in and start trading with a minimum deposit of $100.

For the demo account, users can practice trading in a risk-free environment with virtual funds, helping them to familiarize themselves with the platform before trading with real money.